[Shoppers Drug Mart] Super spend your points event

Yes this still exist!!!! Hurray for saving my points

Is this in a flyer that I can see?

Anyone know how HST works on Shoppers points redemption? If I redeem 32,000 points for a Nintendo switch during this event, do I still need to pay $400x0.13 = $52 HST ? Thanks in advance.

gokeeper wrote: ↑

Apr 10th, 2018 3:31 pm

Anyone know how HST works on Shoppers points redemption? If I redeem 32,000 points for a Nintendo switch during this event, do I still need to pay $400x0.13 = $52 HST ? Thanks in advance.

Historically - yes

gokeeper wrote: ↑

Apr 10th, 2018 3:31 pm

Anyone know how HST works on Shoppers points redemption? If I redeem 32,000 points for a Nintendo switch during this event, do I still need to pay $400x0.13 = $52 HST ? Thanks in advance.

Yes. The points aren't a reduction in the price of the item(s), they're a form of payment. The tax would only be reduced if your points provided a discount instead of a payment. Oh and I don't believe you can pay the tax with points, though now 100% on this.

Oh and you can't redeem 32,000 points anyway, only in 10,000 point increments.

gokeeper wrote: ↑

Apr 10th, 2018 3:31 pm

Anyone know how HST works on Shoppers points redemption? If I redeem 32,000 points for a Nintendo switch during this event, do I still need to pay $400x0.13 = $52 HST ? Thanks in advance.

1000 points is $1 so you would need 320,000 not 32,000. 320,000 plus 25% = 400,000 which is $400

Heres the image with the offer:

thanks, can't wait to use my points !

Another "SMART" Canadian Forum site has the flyer available .. can't post is here though as they tag their name all over the images.

can you use points on prepaid cards? e.g. ps+, PSN cards, other gc etc?

Unfortunately, no Electronics deal to stack with this offer .. only regular priced items. I haven' t don the math to determine if the 20x points was better or this redemption offer is better???

DOC SB wrote: ↑

Apr 10th, 2018 3:57 pm

Unfortunately, no Electronics deal to stack with this offer .. only regular priced items. I haven' t don the math to determine if the 20x points was better or this redemption offer is better???

If the prices are the same
20x is 30% back in points is 23% off
Example. $100 gets 30,000 points is $130 value. 100/130= 77%

25% more in points in essentially 20% off
Example 100,000 points is 125,000 - $100/$125= 80%

although then would you lose the 1.5% in base points on the redeemed portion? I’ve never done a points redemption event so I’m not positive how that works.

IMO the best value for spending points is buying groceries that aren’t taxed but I’m sure everyone has their own personal opinion on how to use their points. Not really one answer. To each their own.

Probably that is by how much their prices are inflated also

20X point offer is better deal for those who are wondering

Buying $500 item at 5% tax (doesn't really matter what tax rate is)
$500points + $25cash to cover taxes - $150 20x points = $375 NET (add $1.50 if you really care about 1500 pts you miss out)
$400points(=$500 worth) + $25cash to cover taxes = $425 NET